topic Re: Capital One QS, Neiman Marcus online application in Credit Card Applications

Capital One QS, Neiman Marcus online application

Anonymous — Sun, 18 Oct 2015 17:55:04 GMT

Hi guys I am a lurker and finally have a question! I applied for capital one quick silver and Neiman a couple of days ago and it's saying they are still processing the application. I'm super nervous because I don't have revolving credit and I saw on CK that they pull EQ, which is my worse. EQ was at 660 but I have one collection for $250 , 4 years old, (will do P4D tomorrow) and a 5 year old judgement. I was wondering if anyone has experience with this and what are the odds of approval? I really want to re establish my credit with these cards!

Stats: Ex: 614. TU 658 EQ 660

Re: Capital One QS, Neiman Marcus online application

sjt — Sun, 18 Oct 2015 19:05:54 GMT

@Anonymous wrote:
Hi guys I am a lurker and finally have a question! I applied for capital one quick silver and Neiman a couple of days ago and it's saying they are still processing the application. I'm super nervous because I don't have revolving credit and I saw on CK that they pull EQ, which is my worse. EQ was at 660 but I have one collection for $250 , 4 years old, (will do P4D tomorrow) and a 5 year old judgement. I was wondering if anyone has experience with this and what are the odds of approval? I really want to re establish my credit with these cards!

Stats: Ex: 614. TU 658 EQ 660

Hi!

Welcome to MyFico!

Question: 1) Was the judgement paid? 2) do you have any positive tradelines on your report. ie student loan, auto loan, etc.

Your scores should be good enough for a CapOne card.

Re: Capital One QS, Neiman Marcus online application

Anonymous — Sun, 18 Oct 2015 19:10:45 GMT

No, the judgment is not paid. I'm trying to dispute it but EQ is a little stubborn. That judgment was deleted from EX & TU.

Yes, I am joint user on a new car loan (03/15) , monthly payment on washer/dryer co. (Req by apartments ) student loan requires no payments right now.

Re: Capital One QS, Neiman Marcus online application

sjt — Sun, 18 Oct 2015 20:10:50 GMT

@Anonymous wrote:
No, the judgment is not paid. I'm trying to dispute it but EQ is a little stubborn. That judgment was deleted from EX & TU.

Yes, I am joint user on a new car loan (03/15) , monthly payment on washer/dryer co. (Req by apartments ) student loan requires no payments right now.

Another clarifying questions:

You mentioned that the judgement is on EQ but your stated EX score is 614. So is the judgement on EX or is the scores listed got mixed up?
I would freeze the CRA report which still lists your judgment.
Keep in mind that even though you were able to get the judgment removed the judgement is still valid. If you plan to petition to vacate a judgment you need to keep in mind that each state/jurisdiction has different guidlines in vacating judgment. One reason for vacating a judgment is not given a proper notice.
What was the collection on your CRA for? Did you check the SOL. If you are within the SOL contacting them could have adverse effect. If you are out of the SOL, then that is to your advantage.
IS your monthly payment for washer/dryer on your report?

Re: Capital One QS, Neiman Marcus online application

Anonymous — Sun, 18 Oct 2015 21:02:00 GMT

No, the judgment is not on EX. I have no idea why my score is lower on EX. I don't know if it's because of the new car loan or noI t.

How Do I freeze the report?

Yes, they are reporting monthly on EQ and TU.

I do plan on having the judgment vacated but I was hoping to at least get it removed off of my credit first to increase my score.

The collection account has another 3 years or so before it falls off.

Re: Capital One QS, Neiman Marcus online application

Anonymous — Sun, 18 Oct 2015 21:02:54 GMT

I'm sorry the collection is for medical I think. I will have to check.

Re: Capital One QS, Neiman Marcus online application

Booboo71 — Mon, 19 Oct 2015 04:10:59 GMT

Not to sound harsh but if you owe on the judgement why not pay it? I uderstand wanting to build your credit but going after a Neiman Marcus card and wanting to make purchases from a retailer thats extremely catering to the upper class I dont really understand the logic? Not a cheap retailer! Now the QS I understand wanting. Have you thought of Synchrony bank or Commenity?

Good luck

Re: Capital One QS, Neiman Marcus online application

Anonymous — Mon, 19 Oct 2015 05:01:07 GMT

I have my reasons as to why I refused to pay the judgment in the past, none of which I care to explain on this topic because it really doesn't matter- but I understand the enforcement process of judgments-so I will eventually pay it- I just wanted it Deleted off of my report and didn't want to go through the vacate method. Court clerks move slow.

I understand neimans is a high end retailer I actually used to have their card & Saks years ago- I'm jjust not interested in any other "store" card. I will get those cards sooner or later, I guess I am being impatient and wanted to try my luck. My EX & TU will be clear of all collections this week (only have one collection on each report $250) because I'm paying a collection off in the morning for deletion. I'm just nervous about EQ.

So, if anyone have a similiar experience please reply, if not I will keep you posted on the answer.

Re: Capital One QS, Neiman Marcus online application

sjt — Mon, 19 Oct 2015 13:00:20 GMT

@Anonymous wrote:
I have my reasons as to why I refused to pay the judgment in the past, none of which I care to explain on this topic because it really doesn't matter- but I understand the enforcement process of judgments-so I will eventually pay it- I just wanted it Deleted off of my report and didn't want to go through the vacate method. Court clerks move slow.

I understand neimans is a high end retailer I actually used to have their card & Saks years ago- I'm jjust not interested in any other "store" card. I will get those cards sooner or later, I guess I am being impatient and wanted to try my luck. My EX & TU will be clear of all collections this week (only have one collection on each report $250) because I'm paying a collection off in the morning for deletion. I'm just nervous about EQ.

So, if anyone have a similiar experience please reply, if not I will keep you posted on the answer.

Regarding your collection account:

Before you call, find out if the collection is out of the SOL in your state. If it is that means they can pursue the debt and you have the upper hand in settling this debt. If it is within the SOL proceed with caution. Also, when you call DO NOT acknowledge the debt is yours. Approach it as their is a $250 collection on my CR and to save time I am willing to pay it in exchange for you to delete it off my CR.

Judgment:

Its great you were able to have it removed from your CR, but It could reappear on your reports in the future. Also, since its still enforceable the plaintiff could pursue collection efforts on that judgment. When you are ready to pay the judgement, you need a strategy where the outcome would be the satisfying the debt and vacating the judgement.

Re: Capital One QS, Neiman Marcus online application

Creditaddict — Mon, 19 Oct 2015 15:00:16 GMT

Neimans is actually pretty easy to get... They will pull EQ but you should probably be good at 660.

Re: Capital One QS, Neiman Marcus online application

Anonymous — Mon, 19 Oct 2015 15:02:10 GMT

Thank you! I just did a P4D on the last collection left on my EX & TU! Pretty excited now going to tackle EQ!

Re: Capital One QS, Neiman Marcus online application

Anonymous — Mon, 19 Oct 2015 15:31:43 GMT

Update: I was approved for neimans $700 starting credit limit but asked if they could give me $1000 and was approved!

I did did call in and answer security questions. Thank you everyone for your support!

Newbies don't give up! I know I want and a closed mouth don't get fed

Re: Capital One QS, Neiman Marcus online application

Creditaddict — Mon, 19 Oct 2015 15:37:11 GMT

@Anonymous wrote:
Update: I was approved for neimans $700 starting credit limit but asked if they could give me $1000 and was approved!

I did did call in and answer security questions. Thank you everyone for your support!

Newbies don't give up! I know I want and a closed mouth don't get fed

call back and ask for $5k... it's computer and it will counter... congrats

Re: Capital One QS, Neiman Marcus online application

Anonymous — Mon, 19 Oct 2015 15:38:16 GMT

Really? Call the same number or can I go to customer service in the store?

Thank you!

Re: Capital One QS, Neiman Marcus online application

Anonymous — Mon, 19 Oct 2015 15:39:52 GMT

I'm still waiting on quick silver. The automated system says they will mail information (sigh)

Re: Capital One QS, Neiman Marcus online application

Creditaddict — Mon, 19 Oct 2015 15:42:09 GMT

@Anonymous wrote:
Really? Call the same number or can I go to customer service in the store?

Thank you!

id call the number you just called and say you were just approved and went to buy something online and came across a pair of boots you just have to have!

Re: Capital One QS, Neiman Marcus online application

ddemari — Mon, 19 Oct 2015 20:14:59 GMT

Neumans pulled TU for me in February. It was like pulling teeth to get the limit above 700 dollars. When I call for soft pull CLI they spit out an EQ FICO bank card score. Congrats on getting 1k out of them. They are very inconsistent with approvals in my opinion.

Re: Capital One QS, Neiman Marcus online application

ddemari — Mon, 19 Oct 2015 20:15:22 GMT

Neimans, auto correct hates me today lol

Re: Capital One QS, Neiman Marcus online application

Anonymous — Mon, 19 Oct 2015 20:17:58 GMT

Thank you I'm pretty happy. Just eagerly waiting on QS. They said there is a fraud alert on my report so waiting on a call back. 😐

Im hoping that means I'm approved pending identity verification . Lol.

Re: Capital One QS, Neiman Marcus online application

Anonymous — Wed, 21 Oct 2015 22:55:58 GMT

Update: capital one emailed me saying they denied me because they couldn't resolve a consumer alert issue on my credit report. When I spoke to the representative last week she said that my credit bureau has a fraud alert on it and they needed to verify my phone number.

Anyway they denied me because of the alert on my report. EQ. They transferred me to their fraud department and I left a message. Have anyone experienced this? I really wanted that card.